DANIEL RABINOWITZ - 28 Mar 2025 Form 4 Insider Report for Natera, Inc. (NTRA)

Role
SEC. AND CHIEF LEGAL OFFICER
Signature
/s/ Tami Chen, Attorney-in-Fact
Issuer symbol
NTRA
Transactions as of
28 Mar 2025
Net transactions value
-$194,327
Form type
4
Filing time
01 Apr 2025, 21:35:04 UTC
Previous filing
19 Mar 2025
Next filing
22 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTRA Common Stock Options Exercise +2,500 +1.1% 226,685 28 Mar 2025 Direct F1
transaction NTRA Common Stock Sale $189,207 -1,367 -0.6% $138.41 225,318 31 Mar 2025 Direct F2
transaction NTRA Common Stock Sale $5,120 -37 -0.02% $138.39 225,281 31 Mar 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NTRA Restricted Stock Unit Options Exercise $0 -2,500 -50% $0.000000 2,500 28 Mar 2025 Common Stock 2,500 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F2 The sale of shares was effected in order to satisfy tax withholding and remittance obligations in connection with the vesting of RSUs and made pursuant to a written instruction that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act contained in the Reporting Person's Stock Unit Agreement granted on January 22, 2021.
F3 On January 22, 2021, the Reporting Person was granted RSUs covering 10,000 shares of Common Stock which vest in tranches upon the Reporting Person achieving certain milestones relating to a combination of the passage of time and the Reporting Person achieving certain milestones relating to the Issuer's stock price. On March 28, 2025, the criteria was satisfied for the vesting of RSUs covering 2,500 shares of Common Stock.